by Ed Beckmann | Aug 31, 2020 | Insurance Claims, Insurance Claims 101
OLD AND NEW DAMAGE My clients often find themselves in the difficult predicament of finding new wind or hail damage, but the insurance company calls it old damage that is not covered. What to do? Does the existence of old hail or wind damage result in no coverage...
by Ed Beckmann | Jul 31, 2020 | Insurance Claims, Insurance Claims 101
TWO DEADLINES TO CARE ABOUT Insured property owners need to be thoughtful about two important deadlines that often fall on the same date but are not the same. These two deadlines are the deadline to claim or complete repairs to recover replacement cost benefits, also...
by Ed Beckmann | Jun 29, 2020 | Insurance Claims, Insurance Claims 101
DOES INSURANCE COVER RIOTS AND LOOTING? The hottest topic in insurance circles is whether property damage from recent riots and looting is covered by insurance. Like coverage of damage arising from COVID-19 business closures, the immediate but unsatisfying answer is...
by Ed Beckmann | May 14, 2020 | Insurance Claims, Insurance Claims 101
BUSINESS LOSS INTERRUPTION COVERAGE COVID-19 Brings to Life Coverage That Is Typically Straightforward For two months the hottest topic in insurance claim circles is whether business loss interruption coverage applies to businesses closed due to COVID-19. Most...
by Ed Beckmann | Apr 16, 2020 | Insurance Claims, Insurance Claims 101
CIVIL AUTHORITY INSURANCE COVERAGE A hot topic is insurance coverage for property closed due to a stay-at-home or safer-at-home order. Every article on this subject I have read concludes that “it depends on how the policy reads”, which is an accurate but unsatisfying...
by Ed Beckmann | Mar 31, 2020 | Insurance Claims, Insurance Claims 101
The Proof of Loss What is a Proof of Loss? A proof of loss is a document an insured property owner signs, under oath and before a notary public, that states the amount of the claim. The document states the amount of money the insured property owner believes the...
